Under the agreement, Lakeview Regional will become one of Tulane Medical Center’s campuses, but will retain its original brand name. The agreement will also allow Lakeview Regional physicians to collaborate more closely with physicians at the Tulane Hospital for Women and Children in Metairie, La.
Officials said care will not be interrupted at either location during and after the transaction. Officials also said there are no plans to eliminate jobs at either campus.
The financial terms of the transaction were not disclosed.
“We’re looking forward to many positive changes associated with this new alignment — but there are also a few key things that will not change,” said William Lunn, MD, president and CEO of Tulane Health System. “Lakeview Regional will always maintain its commitment to providing the Northshore community with expert, compassionate care. [Lakeview Regional’s] culture of patient care and employee and physician engagement are among the best in the nation, and we look forward to applying many of the Lakeview Regional learnings and processes at our Southshore campuses to improve patient care throughout our region.”
More articles on transactions and valuations:
Board votes to potentially sell OCH Regional Medical Center despite objection from hospital leaders
29 recent hospital transactions and partnerships
This week’s 3 most-read transactions and valuations stories
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
